Standing Order Form *

It is good practice to get the tenant to sign a Standing Order Form immediately after signing the tenancy. It is always preferable to receive rent by standing order rather than cash. It is a lot simpler, there is no need to issue receipts and there is no dispute about what was paid and when it was paid. NOTE very strict rules on receiving money before rent due date LEGAL COMPLIANCE CHECK Tenant Fees Act 2019 ? Compliant • no charge for payment method • no forced payment mechanism ________________________________________ Rent Timing (CRITICAL RULE) ? Now safe • no implication rent is due early • start date controlled by tenant ________________________________________ Control of Payment ? Correct • tenant authorises • tenant can cancel • landlord not controlling bank ________________________________________ Overall Compliance Status ? Legally safe

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